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481 Lincoln Avenue, Pasadena, CA 91103

Pasadena
Local realty services provided by:CENTURY 21 Classic Estates
481 Lincoln Avenue,Pasadena, CA 91103
$2,599,000
  • - Beds
  • - Baths
  • 5,061 sq. ft.
  • Multi-family
  • Active
Listed by: kevin lee
Office: coldwell banker envision562-945-2221
MLS#:TR26131676
Source:CRMLS

Price summary

  • Price:$2,599,000
  • Price per sq. ft.:$513.53

About this home

481 Lincoln Ave., Pasadena is a turnkey and upgraded 7 units apartment complex (Unit mix: 4x 1 Bed+1 Bath, 1x 2 Bed+1 Bath, 2x 2 Bed+2 Baths). Class-A Location, and 100% OCCUPIED. ASSUMABLE EXISTING LOAN AT 3.83% UNTIL FEBRUARY, 2029 !!!! 2 story building was built in 1903 and single story building was built in 1952. 2 STORY BUILDING EXTERIOR FAÇADE WERE FULLY RENOVATED AND UPGRADED IN 2021. 5 out of 7 units were also upgraded with New Paint, Kitchen, Bathroom, Flooring. Updated Roof, New Electrical Main Panels and Subpanels. New Plumbing. New Windows. New Driveway Entrance. Each unit is individually metered for electricity and gas. Parking is provided by 5 open spaces between 2 buildings. The property is situated on a large corner lot of approximately 12,011 SF lot size. Great value-add opportunity for a short or long-term investment. The property is in a highly desirable centrally located neighborhood and offers stability for any type of investor whether it may be a...

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Home facts

  • Year built:1903
  • Listing ID #:TR26131676
  • Added:90 day(s) ago
  • Updated:September 15, 2026 at 11:10 AM

Rooms and interior

  • Living area:5,061 sq. ft.

Structure and exterior

  • Year built:1903
  • Building area:5,061 sq. ft.
  • Lot area:0.28 Acres
  • Lot Features:Corner Lot
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,599,000
  • Price per sq. ft.:$513.53

Features and amenities

  • Laundry features:Inside
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Classic Estates is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Classic Estates, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Sol Almarines

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